Not compliant
Dangote Sugar Refinery does not pass Shariah screening under the AAOIFI Standard.
NGX: DANGSUGAR · Consumer goods · Screened 4 Sept 2026 · H1 2026 accounts
Dangote Sugar Refinery Plc refines raw sugar into fortified and non-fortified granulated white sugar for consumer and industrial customers in Nigeria. Its refinery at Apapa is the largest in Sub-Saharan Africa, with installed capacity of 1.44 million tonnes per annum. In line with Federal Government policy the company is pursuing a Backward Integration Project, a ten-year sugar development plan targeting 1.5 million tonnes per annum from locally grown sugarcane, with resources channelled into Dangote Taraba Sugar Limited, Dangote Adamawa Sugar Limited and Nasarawa Sugar Company Limited. The company has set an interim target of 700,000 tonnes of refined sugar from local cane within four years.
Single principal activity, sugar refining and sale, split between consumer and industrial customers, with the backward integration estates reported as subsidiaries.
No. As of 4 September 2026, Dangote Sugar Refinery (DANGSUGAR) does not pass Shariah screening under the AAOIFI Standard.
Qistal re-screens every NGX ticker when new audited or interim accounts are filed. This page always shows the date of the most recent screen.
Yes. Compliance drifts as a company borrows, raises cash, or changes its business mix, so a verdict describes a moment rather than a permanent status.